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GLOSSARY

Green New Deal (p. 6 in the transcript, 27:24)

The Green New Deal is a proposed framework of policies designed to combat climate change while simultaneously addressing economic inequality through large-scale public investment in clean energy, sustainable infrastructure, and job creation. The term draws inspiration from President Franklin D. Roosevelt’s New Deal, which aimed to revive the U.S. economy during the Great Depression through government-led economic programs. The Green New Deal, however, focuses specifically on transitioning to a carbon-neutral economy while ensuring economic opportunities for all, particularly marginalized communities. The most well-known iteration of the Green New Deal in the U.S. was introduced as a non-binding congressional resolution in 2019 by Representative Alexandria Ocasio-Cortez and Senator Edward J. Markey. It outlined broad goals such as achieving net-zero greenhouse gas emissions by investing in renewable energy, modernizing transportation and infrastructure, and ensuring a just transition for workers in fossil fuel industries. It also emphasized social policies, including universal healthcare, affordable housing, and access to clean water and air. Supporters argue that the Green New Deal is essential for preventing catastrophic climate change and fostering economic justice, while critics claim it is financially impractical and would require massive government spending. Despite controversy, the Green New Deal has influenced climate policy discussions worldwide. source